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Posts Tagged ‘Richard Branson’

Success Secrets of the Super Rich

Posted by Ram Kumar Shrestha on January 29, 2015

1

WARREN BUFFETT “Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.”

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ANDY GROVE  “You have to pretend you’re 100 percent sure. You have to take action; you can’t hesitate or hedge your bets. Anything less will condemn your efforts to failure.”

Read the rest of this entry »

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Gates, Buffett Giving Pledge Gets Richard Branson, 11 Overseas Billionaires To Donate Half Fortune

Posted by Ram Kumar Shrestha on February 20, 2013

By 

Branson

Richard Branson, ever the pacesetter, is piloting something new — but it has nothing to do with travel.

The founder of Virgin Group and his wife, Joan, are part of the first cohort of non-U.S. billionaires who have signed up to give away half their wealth to charity through the Giving Pledge.

Twelve signatories from countries including Russia, South Africa, Australia, Germany, India, the United Kingdom, Ukraine and Malaysia have signed on to the non-binding moral contract started by Warren Buffett and Bill and Melinda Gates in 2010. The pledge aims to give wealthy people more authority over where their fortunes are donated during their lifetime.

The Giving Pledge initially included only U.S. billionaires because, as Buffett told Forbes, “I felt we had our hands full in the U.S.”

But going international was no easy task, Forbes reported. Gates and Buffett held dinners with deep-pocketed leaders in places such as China and Saudi Arabia, encountering cultural barriers such as a desire to preserve family wealth.

Differences aside, many of the benevolent billionaires decided to give for the same reasons U.S. pledgers donate: Newly enlisted international signatories said they see giving back as integral to their business ventures. Read the rest of this entry »

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Big Idea 2013: This Year, the War on Drugs Ends

Posted by Ram Kumar Shrestha on December 13, 2012

Richard Branson

If a business strategy were failing and instead of curbing a problem made it worse, would you keep it going or would you stop and consider an alternative course?

Strangely, the trillion dollar war on drugs has persisted for 40 years even though it is the most dismal global policy failure of our time. Why do I care and why should you?

Millions of otherwise productive lives are wasted and lost in jail for marijuana possession and other nonviolent drug violations. California could raise an estimated US $1.4B in annual revenue if it taxed and regulated the sale of marijuana – so imagine the revenue that is keeping the underworld in business. Read the rest of this entry »

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Sunday Times Rich List – Lakshmi Mittal Remains Britain’s Wealthiest Person

Posted by Ram Kumar Shrestha on April 29, 2012

PA  |    PA

Lakshmi Mittal Richest Man

The rich got richer over the last year, with the wealthiest 1,000 people in the UK now worth a record £414 billion.

Bucking the double-dip recession and record unemployment, the super-rich have so far enjoyed a great 2012, with the combined wealth of the richest 1,000 now standing at £414.26 billion.

The figure represents a 4.7% rise on last year and surpasses the previous high of £412.85 billion in 2008, set months before the financial crash from which the rest of Britain has yet to fully recover.

There are 77 billionaires in the 2012 rich list this year, two more than the previous record of 75 in 2008 and the threshold to even be among the 1,000 richest people in Britain rose by £2 million on last year – with individuals needing at least £72 million to make the list.

The figures were released in the annual Rich List from The Sunday Times.

Although still holding on to the top spot, steel magnate Lakshmi Mittal, 61, has seen 27% wiped off the value of his family fortune in the last year as a result of the dramatic drop in the share value of his principal business, the giant steel producer ArcelorMittal. Read the rest of this entry »

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Drug War Has Failed And Governments Should Explore Legalizing Marijuana, Says Report

Posted by Ram Kumar Shrestha on June 2, 2011


The drug war seems failed everywhere and the reason could be high profile people behind this business.
Read the Article at HuffingtonPost

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